Accounting · Rectification of Errors
Goods worth ₹500 have been taken by the proprietor for personal use, for which no entry has been passed in the books of accounts. This is an example of an ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1error of omission✓
- 2error of commission
- 3error of principle
- 4error of compensating
Correct answer
error of omission
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